Due to the difficulty of Bitcoin's price reaching the $100,000 mark, financial advisor Robert Kiyosaki predicts that BTC will drop to $60,000 in the coming days.
Robert Kiyosaki is known for his bold comments on financial markets, the U.S. government, and the Federal Reserve. He has long been associated with the cryptocurrency industry and acknowledges Bitcoin as a hard asset that can make people wealthy, rather than a fiat currency and the Federal Reserve that can make people poor. Despite his strong belief in this cryptocurrency, he has never hesitated to make Bitcoin price predictions, especially those related to declines, as he recently claimed that BTC could drop to $60,000, although BTC is currently priced around $100,000.
Robert Kiyosaki predicts: Bitcoin's price could drop to $60,000
According to recent news, Robert holds 73 BTC and hopes to reach 100. To achieve this goal, he is waiting for a bear market moment or a significant drop in BTC prices. Interestingly, Robert Kiyosaki has long predicted a BTC crash that would put almost all financial institutions in trouble.
Ultimately, this will lead to the biggest financial market crash. However, the timing is still unclear. Robert believes it is forming and is likely to happen soon.
Bitcoin crash
Bitcoin's price falls below $100,000. This means BTC could drop to $60,000.
If that happens, I won't sell. BTC will have a big discount. I will buy more.
I predict that the price of Bitcoin will stabilize around $250 by 2025.
At this stage of the BTC process... the price is not...
— Robert Kiyosaki December 1, 2024
In any case, he commented again, claiming that Bitcoin is stagnating around $100,000, which may be a sign that BTC could drop to $60,000. However, he is not worried about a Bitcoin crash, but rather feels excited, calling it a sell-off of Bitcoin and an opportunity to buy more Bitcoin.
"If that happens, I won't sell. BTC will go on sale. I will buy more."
Bitcoin's price is expected to reach $250,000 in 2025
As Donald Trump wins the U.S. election, Bitcoin's price has soared, nearing the $100,000 mark, with the current trading price at $96,600. More importantly, this is a highly anticipated event, as Robert Kiyosaki has also predicted. However, the next target is much higher, as many analysts, including Kiyosaki, believe that Bitcoin's price will reach $250,000 by 2025.
Considering that Bitcoin's price has surged from $45,000 to $96,600 this year, it is possible, especially with ongoing price growth, increasing demand for Bitcoin ETFs, and the upcoming bull market. However, some factors may hinder or delay this achievement.
"I predict that the price of Bitcoin will stabilize around $250 by 2025."
However, despite the outcome, Robert Kiyosaki states that the price of Bitcoin is not important; what matters is how much BTC a person holds. Interestingly, this is not the first time he has talked about this topic; when he revealed his own Bitcoin holdings, he also said the same: a person should focus on acquiring more BTC rather than on its price.
Is there something here for you?
With the ongoing bullish sentiment, many investors have reaped substantial rewards. However, this is just the beginning, as Robert Kiyosaki's Bitcoin price prediction suggests that this token is likely to reach $250,000 by 2025, which is 2.5 times the current BTC price. However, Bitcoin may drop to $60,000 before reaching $250,000. Notably, Robert claims this is a Bitcoin sale that investors should participate in for financial freedom.